Recap Consolidation in 50% previous week range after wide range week is normal. Closed the week above Y-0 and midpoint.
Outlook Ledge on 4 hour points to continuation of the up trend. A push towards the weekly / monthly resistance above at 1.15 will tell us if there is more stops to run. If so the monthly resistance at 1.20 will be in play.
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EURUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Consolidation in 50% previous week range after wide range week is normal. Closed the week above Y-0 and midpoint.
Outlook
Ledge on 4 hour points to continuation of the up trend. A push towards the weekly / monthly resistance above at 1.15 will tell us if there is more stops to run. If so the monthly resistance at 1.20 will be in play.
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